Probate
lawyers are hired to represent the parties involved in a probate
proceeding. They can act on behalf of the deceased, or that of the
beneficiaries, as well as other parties who may have an interest on
the deceased’s assets. From analyzing the last will, to processing
the inheritance of the beneficiaries, it is the probate attorney's
job to ensure the process goes as smoothly and as quickly as
possible, while protecting their client’s rights.
Those
needing the services of probate lawyers thus have to make sure that
they work with one...
Monday, March 24, 2014
What Is the Role of a Probate Attorney?
If you’ve already set
up a last will and testament that involves more than $150,000 worth
of assets, you can expect a probate lawyer to administer it once
you’re gone. A probate lawyer is a legal representative
specializing in asset distribution following the probate process.
Except in cases where your assets are held in joint tenancy or in a
living trust, your heirs will need a probate attorney to help them
through the probate process.
The probate process is
complex and lengthy, some taking more than six months to be
completed. Without a...
Friday, March 21, 2014
Why You Need an Estate Planning Attorney
The
California Probate Code is the law that regulates all property
transfers from one person to another in the state, due to death or
other reasons. While some of the statutes found in the Code can fall
in the realm of “common knowledge”, the Code actually consists of
at least 11 Divisions tackling a myriad of details. These include
specific matters like judicial proceedings for trust funds,
distinguishing “trustees” from “beneficiaries”, and even the
right way of writing a last will and testament.
Such
specifics may be too complicated for...
Estate Planning 101: What is California Probate?
“Probate”
refers to a court case that deals with the process of transferring a
deceased person’s property to his or her heirs. While this may
sound simple and clear-cut enough, there are actually a variety of
matters that need to be settled first. These include assessing the
true value of the properties, paying final bills and estate taxes,
and the like. In the State of California, a probate may or may not be
undertaken, depending on certain circumstances.
For
example, the assets of a deceased person don’t need to go through
probate if they’re...
Sunday, March 9, 2014
Understanding Probate Laws: How a Sacramento Probate Attorney Can Help
I have been a Sacramento probate attorney for many years and agree that the probate code needs work. Considering that inheritance disputes can ruin family relationships when handled poorly, the Wiki Bill will hopefully make probate settlements easier and fairer. However, what can be considered as a “favorable” amendment to the state’s probate code is subjective.
I believe the real solution to streamlining our probate process is for the residents of Sacramento to work with Sacramento probate attorneys to create trust-based estate plans that can...
Friday, March 7, 2014
Special Needs Trust: Call on an Estate Planning Attorney in Sacramento
As a trust attorney in estate planning in Sacramento, I have helped many parents create a special needs trust for their disabled children. One crucial factor of this kind of trust is naming the trustee. Ideally, the trustee should be someone whom your disabled child is already acquainted with, like your spouse, a sibling, a relative, or a family friend. The trustee you name should also have a willingness to serve the needs of the child when you are gone. If the trustee is well-versed in financial management, this would be very helpful as well.
Estate...
Tuesday, March 4, 2014
Blended Families: How a Sacramento Estate Planning Attorney Can Help
One common issue is stepchildren. Understandably, married couples with families from previous relationships can get entangled in the many legal and emotional issues surrounding inheritances. For example, some parents might want their natural children to get all or most of their assets when they die, while others might want their stepchildren to benefit from these assets as well.
When looking for a trust attorney in Sacramento or wherever you happen to live, make sure they have planned and administered many, many estates for blended families before...
Sunday, March 2, 2014
Understanding Probate Laws: How a Sacramento Probate Attorney Can Help
I have been a Sacramento probate attorney for many years and agree that the probate code needs work. Considering that inheritance disputes can ruin family relationships when handled poorly, the Wiki Bill will hopefully make probate settlements easier and fairer. However, what can be considered as a “favorable” amendment to the state’s probate code is subjective.
I believe the real solution to streamlining our probate process is for the residents of Sacramento to work with Sacramento probate attorneys to create trust-based estate plans that can...
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